Palladium

Norilsk Nickel expects reserves of 3.4 tons in palladium fund

Norilsk Nickel predicts volume of reserves of its specialized palladium fund in the volume of about 110 thousand ounces (3.4 tons) by the end of this year, financial director of the company Sergei

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Russian Government to hold an auction for a site of Volkovskoye deposit

Svyatogor company, part of UGMK, has asked the Russian Government to hold an auction for a site of the Volkovskoye deposit of vanadium-iron-copper ores, which is the largest in the Urals.

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In January-September, Norilsk Nickel increased palladium production by 7.4%, platinum - by 7.8%

In January-September 2019, Norilsk Nickel increased production of palladium by 7.44% compared to the same period last year to 2.253 million ounces (70.1 tons), platinum - by 7.8% to 553 thousand ou

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In January-September, Russia increased production of platinum group metals by 4.9%

In January-September 2019, Russia increased production of raw, semi-processed, or in the form of powder platinum and platinum group metals compared to the same period a year earlier by 4.9%, silver

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Reserves of joint venture of Norilsk Nickel and Russian Platinum is 216 million ounces of 4E

Resource base of a joint venture, which is planned to be created by Russian Platinum group and Norilsk Nickel on the basis of three deposits in Taimyr, has been estimated at 216 million ounces of 4

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Polymetal increases Vyksha reserves to 5.7 million ounces of palladium equivalent.

The resources of the Vyksha platinum group metal deposit, according to a new assessment with the JORC Code (2012), amount to 5.7 million ounces of palladium equivalent, Polymetal reports.

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Norilsk Nickel to buy up to 500 thousand ounces of palladium in 2019

In 2019, Norilsk Nickel will purchase from 300 thousand to 500 thousand ounces of palladium for its palladium investment fund - Global Palladium.

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In January-July Russia increased production of platinum group metals by 5.6%

In January-July 2019, the Russian Federation increased production of untreated or semi-processed platinum and platinum group metals or in powder form compared to the same period a year earlier by 5

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Norilsk Nickel expects a palladium deficit of 18.7 tons.

MMC Norilsk Nickel expects a global palladium deficit of nearly 600 thousand ounces (18.7 tons) in 2019, as follows from the company's materials.

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Norilsk Nickel made the net profit under RAS of 201 billion rubles in the first half of the year

In the first six months of 2019, Norilsk Nickel made the net profit in the amount of 201.856 billion rubles. Compared to the same period of the previous year, the figure increased by 125.9%.

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